Government committed to Promoting and Strengthening inclusive and sustainable Development by ensuring proper and effective Utilization of Funds without compromising Fiscal Consolidation

News and Press Release - Dated:- 15-1-2016 - Government is committed to promoting and strengthening inclusive and sustainable development by ensuring proper and effective utilization of funds provided in the Annual Budget without compromising fiscal .....

ure and revenue, for the entire current fiscal year has been pegged at ₹ 5.55 lakh crore (3.9% of GDP). The present fiscal situation is an improvement over the previous year when the fiscal deficit was then 98.9% of Budget Estimates 2014-15. In .....

wn a significant decrease of 20 % (Rs. 65,087 crores) over November 2014. As regards expenditure, against the Budget Estimates of ₹ 1,35,257 crores for Plan Expenditure for creation of Capital assets, the Government of India has already incurre .....

oting and strengthening inclusive and sustainable development by ensuring proper and effective utilization of funds provided in the Annual Budget without compromising fiscal consolidation. As a result of sound prudent policies formulated during 2015- .....